FCS News

Bond International Software PLC announces a 58% fall in profits in its preliminary results for 2009

Bond International Software PLC has just released its preliminary results for 2009. Following their 2008 results which showed a reduction in pre-tax profits of 45% from £5.111m to £2.833m, their preliminary 2009 results show that adjusted profits (?) have fallen by 58% from £3.1 million to just £1.3 million. Given that the company’s pre tax profits were some £300k lower than their “adjusted” profits in 2008 there is speculation that the groups pre-tax profits will fall below a million pounds when they publish their results. Bond International Software (uk) Ltd, the Belfast registered company that sells Adapt posted a £1.261 million profit in 2008 – so one is left wondering how much of the 1.3 million has been contributed in 2009.

Full details can be found at www.bondinternationalsoftware.com/section.asp?docid=1520

Trysis forced to withdraw its brochure after The Advertising Standards Authority declares it and other advertising misleading!

The ASA found that TriSys could not substantiate its claim to be the “world’s first Windows based recruitment software.  On this point Trisys breached the Code clauses 3.1 (substantiation), 7.1 (truthfulness) and 19.1 (other comparisons).

It further found that the comparison made by Trisys to other Software vendors products in its brochure were misleading.  It suggested that features that it had were unique to it and when in fact other products had the same or similar features. On this point the brochure breached Code, clauses 3.1 (substantiation), 7.1 Truthfulness and 19.1 (other comparisons).

Read the full ASA Adjudication...

'Free Data Import for Eclipse users' - See onrec.com article...

'Bond settles out of court' - See Recruiter.co.uk article...

First Choice was successful in High Court action against Bond International

Bond International has settled a High Court defamation claim brought by a rival software supplier, First Choice Software Ltd.

Bond retracted statements made about First Choice and the capabilities of its products, undertook not to repeat certain allegations and made a payment to First Choice.

Roy Snart, Managing Director of First Choice Software, pointed out that Bond International UK Ltd, the Belfast registered company that sells Adapt, has historically been the largest supplier of recruitment software and consequently it was particularly important that they be accurate when dealing with prospective clients. He said it was a shame that First Choice had had to revert to the courts and had tried to resolve the matter amicably.

He went on to say that the agreement was timely as it came at the same juncture that First Choice was rolling out its RDB ProNet database to Select Education, Protocol Education and Resource Group, all of whom were previously Bond clients, and who, between them, add around another 500 seats to the user base of First Choice Software.

First Choice Software launch their e-newsletter... See issue #1

Protocol Education now using RDB ProNet

“We chose RDB ProNet because of its functionality – its searching capability is exceptional, the positive feedback we received from other users before we made our investment decision, and the personal service we received from First Choice staff which gave us confidence that the implementation would occur within our time frame and budget.”

Stephen Lawrence, CEO Protocol Education (the largest independent recruitment company in the Education sector) EZaccess user for nine years and a bond client since Bond bought EZaccess. 200 plus users.

FCS Clients in the News

Marine Resources Recruitment win Young Entrepreneur of the Year award..

James Ward, Managing Director of Southampton based Marine Resources Recruitment Ltd, was presented with the coveted Young Entrepreneur of the Year award by the Marine Trades Association at the Southampton Boat Show.

James, 29, founded Marine Resources in 2003 and has maintained the company as the industry leader in specialist marine recruitment services ever since, achieving rapid growth year on year. The award comes as recognition for his quick implementation of innovative ideas and creation of unique partnerships. One such idea was the development of a simple and affordable online job advertising package to encourage employers to continue recruiting throughout the recent economic downturn.

James has been sailing competitively since he was nine years old and has enjoyed great success, winning two world championships and three national titles as well as coaching at national level.

Visit their website for more information...

Big fish invests in graduate talent..

Westaff expand their Northern Presence..

Rise’s Campbell: in it to win it...

Mediplacments puts CV5 first...

Interim management firm Practicus has opened its first office in Continental Europe...

Chadwick Nott Voted Number One Legal Recruiter at the Recruitment 'Oscars'!...

The excellence of the committed and highly regarded team at Chadwick Nott has been rewarded at this year's Recruiter Awards!

Visit their site for more details....

Fast growing recruitment company chooses ProNet for flexibility.

See the Onrec press release...

The joke's on Jeremy Clarkson as an unkown RDB ProNet client/prankster barricades him into a portable toilet at classic car rally.

Full story on www.dailymail.co.uk...

Further Growth Forecast for Hammond Resources as Company Founder Steps Down

Further Growth Forecast for Hammond Resources as Company Founder Steps Down Six months after steering Hammond Resources, the accountancy and legal recruitment business he founded, safely into its new home at fast-growing Rise Group, Roddy Hammond left the company. Gregor Campbell, group managing director at Rise Group, said: “Roddy oversaw the initial transition of Hammond Resources into the Group and the business is now stronger than ever.” Full Story on Recruitment International Website...

Fleet Tutors go live with ‘Opera II Recruitment’

Fleet Tutors, Britain’s leading tuition agency, have recently gone live with a fully integrated back office solution ‘Opera II Recruitment’ by Cambridge Recruitment Software Solutions.

Mylene Curtis, Fleet Tutors managing director, said “It was critical we chose the right back office solution for our business; we had some very specific requirements that needed to be addressed and automated with the new back office solution we chose.

We looked at a variety of back office packages available to the recruitment industry but none could cater for our specific requirements. We then contacted First Choice Software, the suppliers of our front office software RDB ProNet, and they recommended we contact Cambridge Recruitment Software Solutions. Full Story on Recruitment International Website...

Market remains buoyant for ERP specialists

Despite the continuing economic downturn, demand for Oracle professionals, especially those with rare skill sets, remains strong according to the 2009 ERP salary survey from specialist recruiter Maximus IT.

Although the survey shows that the credit crunch has had some effect on the industry, with permanent Oracle positions now paying up to 12% less than 2007 especially in private companies, organisations are still buying and implementing ERP solutions. Consultancies are therefore still experiencing a strong demand for their services and hiring levels have remained relatively consistent. Full Story on Recruitment International Website...

Select Education successfully roll out ProNet

Select Education previously used a version of Bond International’s Adapt product for more than ten years before choosing ProNet from literally dozens of possibilities including ALL the usual suspects.

“One of the most successful major IT projects in the recent history of the company” is how Lee Smith the E-Business Director of the Verb Group, for Select Education, described the implementation and roll out of First Choice Software’s RDB ProNet recruitment database. “On time, within budget and exceeding all our expectations – we couldn’t have hoped for a better outcome”. See the Onrec press release...